Funding
Insights into funding strategies, startup investment trends, and financial advice for emerging companies.
- Startups
Payday receives $3M seed funding to empower Africa’s future workforce.
Payday raised $3m seed funding to expand operations in the UK and Canada, improve product development, and grow talent.
- Startups
Norfund invests $14 Million in Hela Apparel’s East Africa Unit
The proceeds from Norfund investment will also be utilized to strengthen Hela's strategic supply chain partnerships in East Africa
- Startups
Norsad Capital, TLG Capital launch $400 Million African Credit Platform
Norsad Capital and TLG Capital announced the beginning of a partnership to cement the market leading private credit platform
- Startups
Pan-African VC firm Ventures Platform closes fund at oversubscribed $46M
Ventures Platform has announced the final close of its early-stage and intercontinental fund, at $46M which Is above its targeted…
- Startups
VENCO property management platform raises $670k pre-seed
VENCO says it has recorded over 200 percent growth over the last 9 months and is currently in 6 cities…
- Startups
Kenyan-based skin-care firm, Uncover, raises $1 Million Seed
Nairobi-based skincare firm, Uncover has raised USD 1 million in seed capital, which it says it will use to scale up…
- Startups
Ramani, a Tanzanian Software Company, closes $32 Million Series A
Ramani will be looking to scale its network of micro-distribution centres (MDCs) and also launch a new micro-credit offering for…
- Startups
BasiGo raises $6.6 Million funding to start commercial delivery in Kenya
BasiGo has announced it has secured $6.6 million. The round was led by Mobility54, the corporate venture capital arm of…
- News
Sendy raises undisclosed funding from MOL PLUS
Sendy has received an undisclosed amount of funding from MOL PLUS Co. LTD. This is the Corporate Venture Capital of…
- News
KCB sets up KES 250 Billion Fund to support Women Entrepreneurs
KCB says that data shows that almost 80% of women owned businesses have limited access to credit due to lack…
- News
Spotify launches KES 12 Million Fund to support African Podcasts
The Spotify African Podcasts Fund will be administered by Africa Podfest, a Kenyan-based company that's elevating African podcasters
- Startups
Flourish VC launches Madica Investment Program focusing on Pre-Seed African Companies
Flourish Ventures has launched Madica (MADE IN AFRICA), a structured investment program for pre-seed stage technology companies in Africa
- Announcements
46 East Africans receive Netflix Creative Equity Scholarship Fund
The scholarship fund for sub-Saharan students is part of Netflix’s global Netflix Creative Equity Fund launched in 2021 with the goal of…
- News
iiDENTIFii biometric firm raises USD 15 Million growth capital
iiDENTIFii biometrics tech firm, has raised US$15 million growth capital. The round was led by African investment company Arise
- Startups
i3 selects 30 health startups in Africa to receive $50,000 grant and support
i3 selected startups will receive a $50,000 grant and support to catalyse growth-driven partnerships with donors, industry and institutions.
